Pace Digitek subsidiary wins ₹92.93 crore battery storage order

Pace Digitek’s subsidiary, Lineage Power Private Limited, has secured a ₹92.93 crore (approximately ₹929.25 million) contract from Kalpa Power for the supply and commissioning of a 100 MWh Battery Energy Storage System (BESS). The project is scheduled for completion by December 31, 2026.

This agreement follows a memorandum of understanding signed in July 2026 to support Kalpa Power’s WATTBANK deployments for commercial and industrial customers. Kalpa Power aims to reach 500 MWh of BESS deployments by 2028.

Pace Digitek is currently scaling its energy storage operations, with a goal to double its BESS manufacturing capacity from 5 GWh to 10 GWh by the end of the year. The company expects its BESS business to account for 55% of its total revenue for fiscal year 2027.